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San Luis Group
In this Group: Beatriz, Olga, Nilsa , Rossana , Liz , Agueda , Ana , Teresa , Claudia , Felicita , Zunilda , María
12 women from the city of San Lorenzo have united with the purpose of working together and helping one another to improve their way of life. They are very hardworking and enterprising women. They work very hard every day from very early in the morning until very late. The members see the Fundación Paraguay program as a great help in being able to better their life conditions. Teresa is one of the members of the group. She tells us that she sells foods of all kinds. She says that it is going very well for her since she has very good hands in the kitchen. This is evidenced by the quantity of customers that she has, which helps her a lot with the cost of maintaining her home and family. Her goal is to have a big dining room where she will be able to sell the dishes that she prepares. She is asking for the loan to buy meat, vegetables, condiments, and other foods that she needs to make her dishes.
View original language description ↓
12 mujeres de la ciudad de San Lorenzo se han unido con el propósito de trabajar juntas y ayudarse las unas a las otras a mejorar sus estilos de vida. Ellas son mujeres muy trabajadoras y emprendedoras, que trabajan todos los días desde muy tempranas horas del día y vuelven ya muy tarde. Las miembros ven en el programa de la fundación paraguaya una gran ayuda para poder mejorar sus condiciones de vida.
Teresa es una de las integrantes del grupo y ella nos cuenta que se dedica a la venta de comidas d todo tipo, nos dice que le va muy bien puesto que ella tiene muy buena manos para la cocina y evidencia de ella es la cantidad de clientes que tiene, lo cual la ayuda mucho con con los gastos de manutención de la casa y de la familia. Su meta es tener un gran comedor donde poder vender los platillos que prepara.
Ella solicita el crédito para la compra de carne, verduras, hortalizas, condimentos y demás insumos que necesite para elaborar sus alimentos.

Additional Information

About Fundación Paraguaya

Fundación Paraguaya is a financially self-sustaining social enterprise that promotes entrepreneurship in urban and rural areas through microfinance, education programs, and more. Its focus on agriculture has helped many farmers boost their crop yields. And a number of other borrowers have taken out loans to start and grow social businesses that have helped deliver eyeglasses, medicines and other helpful services in their local communities.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Paraguay

  • $8,400
    Average annual income
  • 86
    View loans »
    Paraguay Loans Fundraising
  • $31,419,450
    Funds lent in using Kiva
  • 4,590.0
    Paraguay Guarani (PYG) = $1 USD

Success!! The loan was 100% repaid

A portion of San Luis Group's $1,800 loan helped a member to buy meat, vegetables, condiments, and other foods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 19, 2011
Listed
Jan 17, 2012
Currency Exchange Loss:
Covered
Ended:
May 16, 2012